MARKETS HAVE COLLAPSED

As predicted, the CPI came in HOT and Joe Biden and his band of bumbling fools are now fucked in an economy that is destined for the dust bin of history.

Meanwhile, $NVDA and $SMCI have bids and people are pretending it’s not really over.

I went to cash in the AM and now allocated about half my assets, some to risk some to low beta some to hedging. I am in the middle of a home project now, laying down tiles and doing some light millwork. I’m off to a run to $HD for supplies. When I get back, I fully expect markets to melt down into the close and beyond. I’d say there is a 75% chance that we follow through to the downside tomorrow, with very few places to hide.